S.D. Codified Laws § 47-21-52

Current through the 2024 Legislative Session

Section 47-21-52 - Liability of members for acts of cooperative

No member shall be liable or responsible for any debts of the cooperative and the property of the members shall not be subject to execution therefor.

SDCL 47-21-52

SL 1947, ch 33, § 25; SDC Supp 1960, § 11.2225.